Pensionfund PDN

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 6, 2025), Pensionfund PDN reported 68 stock positions worth $160.9 million. Its top holding was Prologis (PLD) at 8.2% of the portfolio, followed by Equinix (EQIX, 6.3%) and Digital Realty Trust (DLR, 5.2%). Compared with Q3 2024, it opened 1 new position, sold out of 1 and reduced 56. The biggest buy was a new position in Lamar Advertising Class A (LAMR) and the biggest sale Prologis (PLD, shares −20%).

Most Recent 13F
Q2 2026
Location
SITTARD, P7
CIK
0001297731
Portfolio Value
$160.9M (Q4 2024)
SEC Filing
0001297731-25-000001 ↗ filed Jan 6, 2025

Holdings Value

0$50.0M$100.0M$150.0M$200.0M$250.0M Q1 2024: $186.9M Q1 2024 Q2 2024: $188.1M Q2 2024 Q3 2024: $218.3M Q3 2024 Q4 2024: $160.9M $160.9M Q4 2024 Q1 2025: $151.2M Q1 2025 Q2 2025: $148.4M Q2 2025 Q3 2025: $154.4M Q3 2025 Q4 2025: $151.9M Q4 2025 Q1 2026: $172.9M Q1 2026 Q2 2026: $194.4M Q2 2026

Holdings 68 stocks · $160.9M

PLD Prologis Inc. 8.17% 124,353 $13.1M Reduce -20.5%
EQIX Equinix Inc. 6.34% 10,814 $10.2M Reduce -15.6%
DLR Digital Realty Trust Inc. 5.17% 46,919 $8.3M Reduce -20.4%
SPG Simon Property Group Inc. 4.78% 44,708 $7.7M Reduce -25.1%
O Realty Income Corp. 4.67% 140,870 $7.5M Reduce -19.9%
PSA Public Storage 4.31% 23,189 $6.9M Reduce -20.6%
WELL Welltower Inc. 4.13% 52,753 $6.6M Reduce -17.3%
VICI Vici Properties Inc. filed as VICI PPTYS INC 3.38% 186,000 $5.4M Reduce -18.4%
AVB Avalonbay Communities Inc. 3.02% 22,120 $4.9M Reduce -19.9%
DOC Healthpeak Properties Inc. 2.84% 225,473 $4.6M Reduce -21.0%
IRM Iron Mountain Inc. filed as IRON MTN INC DEL 2.78% 42,500 $4.5M Reduce -26.1%
VTR Ventas Inc. 2.48% 67,679 $4.0M Reduce -20.1%
VMRK Vivmark Residential filed as EQUITY RESIDENTIAL 2.43% 54,556 $3.9M Reduce -19.2%
ESS Essex Property Trust Inc. 1.99% 11,195 $3.2M Reduce -21.1%
MAA Mid-America Apartment Comm 1.95% 20,340 $3.1M Reduce -22.8%
WPC WP Carey Inc. 1.74% 51,300 $2.8M Reduce -12.0%
INVH Invitation Homes Inc. 1.71% 86,110 $2.8M Reduce -18.9%
BRX Brixmor Property Group Inc. 1.68% 97,000 $2.7M Reduce -17.1%
EXR Extra Space Storage Inc. 1.66% 17,840 $2.7M Reduce -18.3%
HR Healthcare Realty Trust Inc. 1.59% 150,719 $2.6M Reduce -19.7%
OHI Omega Healthcare Investors 1.58% 67,000 $2.5M Reduce -19.3%
UDR Udr Inc. 1.50% 55,605 $2.4M Reduce -23.4%
CUBE Cubesmart 1.43% 53,800 $2.3M Reduce -24.0%
CPT Camden Property Trust 1.38% 19,086 $2.2M Reduce -25.4%
SBRA Sabra Health Care REIT Inc. 1.30% 120,730 $2.1M Reduce -22.5%
EPRT Essential Properties Realty 1.27% 65,500 $2.0M Reduce -23.4%
STAG Stag Industrial Inc. 1.24% 58,880 $2.0M Reduce -25.4%
ARE Alexandria Real Estate Equit 1.22% 20,200 $2.0M Reduce -19.8%
GLPI Gaming and Leisure Propertie 1.20% 40,172 $1.9M Reduce -19.9%
BNL Broadstone Net Lease Inc. 1.18% 120,000 $1.9M Reduce -21.6%
NNN NNN REIT Inc. 1.17% 46,200 $1.9M Reduce -17.8%
AMH American Homes 4 Rent- A 1.12% 48,000 $1.8M Reduce -17.2%
HST Host Hotels & Resorts Inc. 1.11% 101,998 $1.8M Reduce -19.7%
KRG Kite Realty Group Trust 1.07% 68,500 $1.7M Reduce -18.0%
EPR Epr Properties filed as EPR PPTYS 0.92% 33,462 $1.5M Reduce -13.0%
PLYM Plymouth Industrial REIT Inc. 0.92% 83,000 $1.5M Reduce -15.3%
GTY Getty Realty Corp. 0.88% 47,000 $1.4M Reduce -19.0%
LXP LXP Industrial Trust 0.82% 162,000 $1.3M Reduce -17.8%
IRT Independence Realty Trust Inc. 0.78% 63,500 $1.3M Reduce -29.4%
CUZ Cousins Properties Inc. 0.68% 35,977 $1.1M Reduce -18.2%
XRN Global Medical REIT Inc. 0.63% 132,000 $1.0M Reduce -20.0%
LAMR Lamar Advertising Co. Class A 0.62% 8,200 $998K New
CSR Centerspace 0.59% 14,280 $945K Reduce -21.9%
MPT Medical Properties Trust Inc. 0.58% 237,000 $936K Reduce -17.4%
UMH Umh Properties Inc. filed as UMH PPTYS INC 0.56% 47,900 $904K Reduce -17.3%
SKT Tanger Inc. 0.55% 26,000 $887K Reduce -18.8%
BXP BXP Inc. 0.54% 11,717 $871K Reduce -14.6%
BDN Brandywine Realty Trust 0.49% 141,400 $792K Reduce -17.5%
APLE Apple Hospitality REIT Inc. 0.48% 50,000 $768K No change
VNO Vornado Realty Trust 0.48% 18,265 $768K Reduce -19.8%
FCPT Four Corners Property Trust 0.47% 28,000 $760K Reduce -20.0%
PK Park Hotels & Resorts Inc. 0.45% 52,038 $732K Reduce -16.1%
KIM Kimco Realty Corp. 0.45% 30,731 $720K Reduce -14.0%
RLJ RLJ Lodging Trust 0.44% 69,200 $707K Reduce -19.7%
HIW Highwoods Properties Inc. 0.38% 19,802 $606K Reduce -20.2%
NSA National Storage Affiliates 0.37% 15,800 $599K Reduce -20.2%
IIPR Innovative Industrial Proper 0.35% 8,400 $560K Reduce -20.8%
NHI Natl Health Investors Inc. filed as NATIONAL HEALTH INVS INC 0.34% 8,000 $554K Reduce -60.0%
MAC The Macerich Co. 0.31% 24,720 $492K No change
INN Summit Hotel Properties Inc. 0.29% 69,000 $473K No change
KRC Kilroy Realty Corp. 0.23% 9,000 $364K No change
CLDT Chatham Lodging Trust 0.20% 36,000 $322K No change
HUDSON PAC PPTYS INC 0.16% 84,500 $256K No change
GNL Global Net Lease Inc. 0.14% 30,976 $226K No change
DBRG Digitalbridge Group Inc. 0.10% 14,233 $161K No change
PEB Pebblebrook Hotel Trust 0.08% 8,911 $121K No change
SITC Site Centers Corp. filed as SITE CTRS CORP 0.07% 7,500 $115K No change
POWER REIT 0.06% 78,526 $104K No change

Portfolio Sells Q3 2024 → Q4 2024

PLD Prologis Inc. Reduce -20.5% 8.17% −0.88
PSA Public Storage Reduce -20.6% 4.31% −0.55
O Realty Income Corp. Reduce -19.9% 4.67% −0.43
NHI Natl Health Investors Inc. Reduce -60.0% 0.34% −0.43
IRM Iron Mountain Inc. Reduce -26.1% 2.78% −0.35
CUBE Cubesmart Reduce -24.0% 1.43% −0.31
IIPR Innovative Industrial Proper Reduce -20.8% 0.35% −0.31
MPT Medical Properties Trust Inc. Reduce -17.4% 0.58% −0.19
STAG Stag Industrial Inc. Reduce -25.4% 1.24% −0.17
DOC Healthpeak Properties Inc. Reduce -21.0% 2.84% −0.15
ARE Alexandria Real Estate Equit Reduce -19.8% 1.22% −0.15
BNL Broadstone Net Lease Inc. Reduce -21.6% 1.18% −0.15
EXR Extra Space Storage Inc. Reduce -18.3% 1.66% −0.14
XRN Global Medical REIT Inc. Reduce -20.0% 0.63% −0.12
VICI Vici Properties Inc. Reduce -18.4% 3.38% −0.10
PLYM Plymouth Industrial REIT Inc. Reduce -15.3% 0.92% −0.10
DHC Diversified Healthcare Trust Sold out 0.00% −0.10
LXP LXP Industrial Trust Reduce -17.8% 0.82% −0.09
NNN NNN REIT Inc. Reduce -17.8% 1.17% −0.08
CPT Camden Property Trust Reduce -25.4% 1.38% −0.07
NSA National Storage Affiliates Reduce -20.2% 0.37% −0.06
EPRT Essential Properties Realty Reduce -23.4% 1.27% −0.06
IRT Independence Realty Trust Inc. Reduce -29.4% 0.78% −0.06
SBRA Sabra Health Care REIT Inc. Reduce -22.5% 1.30% −0.03
VTR Ventas Inc. Reduce -20.1% 2.48% −0.01
UDR Udr Inc. Reduce -23.4% 1.50% −0.01
HIW Highwoods Properties Inc. Reduce -20.2% 0.38% −0.00
INVH Invitation Homes Inc. Reduce -18.9% 1.71% −0.00
CSR Centerspace Reduce -21.9% 0.59% −0.00
FCPT Four Corners Property Trust Reduce -20.0% 0.47% +0.00
GLPI Gaming and Leisure Propertie Reduce -19.9% 1.20% +0.02
HR Healthcare Realty Trust Inc. Reduce -19.7% 1.59% +0.03
OHI Omega Healthcare Investors Reduce -19.3% 1.58% +0.03
GTY Getty Realty Corp. Reduce -19.0% 0.88% +0.03
BXP BXP Inc. Reduce -14.6% 0.54% +0.04
MAA Mid-America Apartment Comm Reduce -22.8% 1.95% +0.04
UMH Umh Properties Inc. Reduce -17.3% 0.56% +0.04
PK Park Hotels & Resorts Inc. Reduce -16.1% 0.45% +0.05
EPR Epr Properties Reduce -13.0% 0.92% +0.06
KRG Kite Realty Group Trust Reduce -18.0% 1.07% +0.06
SKT Tanger Inc. Reduce -18.8% 0.55% +0.06
BDN Brandywine Realty Trust Reduce -17.5% 0.49% +0.07
ESS Essex Property Trust Inc. Reduce -21.1% 1.99% +0.07
VNO Vornado Realty Trust Reduce -19.8% 0.48% +0.07
KIM Kimco Realty Corp. Reduce -14.0% 0.45% +0.07
WPC WP Carey Inc. Reduce -12.0% 1.74% +0.07
RLJ RLJ Lodging Trust Reduce -19.7% 0.44% +0.08
HST Host Hotels & Resorts Inc. Reduce -19.7% 1.11% +0.09
CUZ Cousins Properties Inc. Reduce -18.2% 0.68% +0.09
AMH American Homes 4 Rent- A Reduce -17.2% 1.12% +0.10

Portfolio Buys Q3 2024 → Q4 2024

LAMR Lamar Advertising Co. Class A New 0.62% +0.62

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 76$194.4MPLD, EQIX, WELL, SPG, O
Q1 2026 76$172.9MPLD, EQIX, WELL, O, DLR
Q4 2025 76$151.9MPLD, EQIX, WELL, O, SPG
Q3 2025 71$154.4MPLD, EQIX, WELL, O, DLR
Q2 2025 71$148.4MPLD, EQIX, WELL, DLR, O
Q1 2025 71$151.2MPLD, EQIX, WELL, O, SPG
Q4 2024 68$160.9MPLD, EQIX, DLR, SPG, O
Q3 2024 68$218.3MPLD, EQIX, O, PSA, SPG
Q2 2024 68$188.1MPLD, SPG, O, EQIX, PSA
Q1 2024 70$186.9MPLD, SPG, O, EQIX, PSA